Very spacious ground floor one bedroomed apartment situated close to Kettering town centre and offered with vacant possession

With PVCu double glazing and off road parking space, the accommodation of this unusually large apartment comprises an open plan living area with lounge, kitchen area and dining area, as well as a double bedroom and a bathroom. The property is offered for sale with the benefit of a 125 year lease commencing 2007 and would make an ideal residential investment with the potential to produce a net yield of around 8% per annum.

Tenure

Leasehold

Accommodation

Lounge/kitchen/diner, hallway, bedroom and bathroom

Outside

An off road parking space

Services

Main drainage, water and electricity are connected. Heating is provided by electric heaters. (None of these services has been tested).

Terms of the Lease

The property is offered for sale with the benefit of a 125 year lease which commenced 1st January 2007 (116 years unexpired). The current service charge is £829.07 per annum with a ground rent of £200 per annum.

Buyer's Administration Charge

The Buyer's Administration Charge for this property is £1,300 plus VAT (£1,560).

Energy Efficiency Rating (EPC)

Current Rating D

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

Kettering Borough Council

Solicitors

Rosling King LLP, 10 Old Bailey, London EC4M 7NG, Tel: 0207 246 8000

Additional Fees

Administration Charge - Please see above details

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.